The School of Economics offers a Master of Science degree for those desiring to pursue economics at an advanced level. Grounded in applied economic theory and econometrics, this is a three-semester program that prepares students for professional careers in the private and public sectors as well as for more advanced training in economics doctoral programs. Although the master's curriculum is flexible in allowing students to tailor areas of specialization to their specific interests, the program is particularly well suited to those interested in industrial organization, technology, innovation, international trade, and economic development.

Core courses in the program require that students take microeconomic and macroeconomic theory, research methods, probability and statistics, and econometrics. In addition to the core, students must also complete a total of four courses that reflect two areas of concentration consistent with students’ interests. An advantage of the master's program is that it allows students to complete their areas of concentration by taking courses in units outside the School of Economics, including the Sam Nunn School of International Affairs, the School of Public Policy, the School of Industrial and Systems Engineering, and the College of Architecture.

Students admitted into the master's program are also encouraged to pursue a summer internship. This allows students to apply their economic knowledge and statistical tools to problems that are encountered in professional private and public sector environments.

The Master of Science degree requires a minimum of thirty-three semester credit hours of coursework with:

at least twelve hours of economic theory and applied economics;
at least one additional quantitative methods course beyond econometrics; and
a master's thesis or, for a nonthesis option, one additional course offered in the School of Economics.